Satnews Daily
December 13th, 2010

TeleCommunication Systems + Trident Space & Defense... Acquiring Minds Wish To Know...


[SatNews] TCS has signed a definitive agreement to acquire privately-held Trident Space & Defense, LLC, a provider of engineering and electronics solutions for global space and defense markets based in Torrance, California. Consideration for the acquisition includes the payment of cash and three million shares of TCS Class A common stock. Trident is currently owned by the private equity firm, Admiralty Partners, Inc., and certain of its affiliates. Trident was originally established as TRW Components International in 1976 and for more than 30 years has been a respected source for satellite communications engineered solutions. The closing of the acquisition is dependent on regulatory approval and other customary closing conditions, and is expected to be completed in the first quarter of 2011.